Kyocera Corp (NYSE:KYO) has earned a consensus broker rating score of 4.00 (Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating.
Brokerages have set a 1-year consensus price objective of $59.00 for the company, according to Zacks. Zacks has also assigned Kyocera an industry rank of 69 out of 265 based on the ratings given to its competitors.
Several brokerages have recently commented on KYO. Zacks Investment Research raised shares of Kyocera from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research report on Tuesday, September 12th. ValuEngine cut shares of Kyocera from a “buy” rating to a “hold” rating in a research report on Friday.
Several hedge funds have recently modified their holdings of KYO. Renaissance Technologies LLC boosted its stake in Kyocera by 2.6% in the 2nd quarter. Renaissance Technologies LLC now owns 549,600 shares of the electronics maker’s stock worth $32,025,000 after purchasing an additional 13,910 shares during the period. Parametric Portfolio Associates LLC increased its position in Kyocera by 12.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 313,139 shares of the electronics maker’s stock valued at $18,247,000 after buying an additional 33,694 shares in the last quarter. Aperio Group LLC increased its position in Kyocera by 5.5% during the 3rd quarter. Aperio Group LLC now owns 192,107 shares of the electronics maker’s stock valued at $11,943,000 after buying an additional 10,016 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Kyocera by 9.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 74,527 shares of the electronics maker’s stock valued at $4,343,000 after buying an additional 6,558 shares in the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in Kyocera during the 3rd quarter valued at about $2,910,000. 0.57% of the stock is currently owned by institutional investors and hedge funds.
Kyocera (NYSE KYO) traded down $0.72 during trading hours on Monday, reaching $69.96. 4,900 shares of the company’s stock were exchanged, compared to its average volume of 13,354. The company has a current ratio of 3.88, a quick ratio of 2.93 and a debt-to-equity ratio of 0.01. The stock has a market cap of $25,725.27, a PE ratio of 21.93, a P/E/G ratio of 5.26 and a beta of 0.60. Kyocera has a one year low of $47.08 and a one year high of $71.92.
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Kyocera Company Profile
Kyocera Corporation is engaged in various fields, from fine ceramic components to electronic devices, equipment, services and networks. The Company operates through seven segments: Fine Ceramic Parts Group, Semiconductor Parts Group, Applied Ceramic Products Group, Electronic Device Group, Telecommunications Equipment Group, Information Equipment Group and Others.
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